BNP Paribas Mutual Fund

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BNP Paribas Mutual Fund aims at combining the expertise of managing investments with in-depth knowledge of domestic markets.

The company’s asset management line is BNP Paribas Asset Management, which gets its financial support from one of the planet’s best-rated banks. The company has Assets Under Management worth 571 billion euros and is the sixth largest asset manager in Europe, having a strong presence across the globe.

Types of Mutual Funds Offered by BNP Paribas

These are the different types of mutual funds offered by BNP Paribas:

Equity funds
Debt funds
Hybrid funds

Equity Funds Offered by BNP Paribas

These are the equity funds offered by BNP Paribas:

BNP Paribas Large Cap FundFund TypeOpen-ended equity schemeEntry LoadN/AExit LoadBenchmarkNifty 50 Index – TRIFund ManagerKarthikraj Lakshmanan and Abhijeet DeyRisk FactorModerately highInvestment Objective of BNP Paribas Large Cap Fund
- The investment objective of BNP Paribas Large Cap Fund is to generate capital appreciation in the long term via investment in an actively managed and diversified portfolio that comprises equity and equity-related instruments. Investments by this fund are made mainly in companies with medium and large market capitalisations.
- Who is BNP Paribas Large Cap Fund for?BNP Paribas Large Cap Fund is suitable for investors who want returns from a portfolio consisting of diversified and actively managed equity instruments.
- If there are redemptions or switch-outs of 10% or less of the overall units within a year from when they were allotted, there will be no exit load
- If there are redemptions or switch-outs of more than 10% of the overall units within a year from when they were allotted, an exit load of 1% of the applicable NAV will be levied
- If there are redemptions or switch-outs of units after the completion of a year from when they were allotted, there will be no exit load
BNP Paribas Long Term Equity FundFund TypeOpen-ended equity scheme with a 3-year lock-in periodEntry LoadN/AExit LoadNilBenchmarkNifty 200 Index – TRIFund ManagerKarthikraj Lakshmanan and Abhijeet DeyRisk FactorModerately highInvestment Objective of BNP Paribas Long Term Equity Fund
The investment objective of BNP Paribas Long Term Equity Fund is to generate capital appreciation in the long term via investment in an actively managed and diversified portfolio consisting of equity and equity-related instruments. It also aims at offering income tax benefits to investors.
Who is BNP Paribas Long Term Equity Fund for?BNP Paribas Long Term Equity Fund is ideal for investors who want tax benefits under Section 80C of the Income Tax Act along with the potential growth of equities.
BNP Paribas Multi Cap FundFund TypeOpen-ended equity schemeEntry LoadN/AExit LoadBenchmarkNifty 200 Index – TRIFund ManagerKarthikraj Lakshmanan and Abhijeet DeyRisk FactorModerately highInvestment Objective of BNP Paribas Multi Cap FundThe investment objective of BNP Paribas Multi Cap Fund is to generate capital appreciation in the long term via investment in an actively managed portfolio that comprises equity and equity-related instruments which are mainly high dividend yield stocks.
- Who is BNP Paribas Multi Cap Fund for?BNP Paribas Multi Cap Fund is suitable for investors who want to make the most of equity market opportunities and receive regular income via investment in a portfolio comprising high dividend yield stocks.
- If there are redemptions or switch-outs of 10% or less of the overall units within a year from when they were allotted, there will be no exit load
- If there are redemptions or switch-outs of more than 10% of the overall units within a year from when they were allotted, an exit load of 1% of the applicable NAV will be levied
- If there are redemptions or switch-outs of units after the completion of a year from when they were allotted, there will be no exit load
BNP Paribas Midcap FundFund TypeOpen-ended equity schemeEntry LoadN/AExit LoadBenchmarkNifty Midcap 100 Index – TRIFund ManagerKarthikraj Lakshmanan and Abhijeet DeyRisk FactorHighInvestment Objective of BNP Paribas Midcap FundThe investment objective of BNP Paribas Midcap Fund is to generate capital growth in the long term via investments mainly in companies that have good opportunities for growth in the small and middle capitalisation segment.Who is BNP Paribas Midcap Fund for?BNP Paribas Midcap Fund is suitable for investors who wish to exploit the investment opportunities in the small and middle capitalisation segment.
- If there are redemptions or switch-outs of 10% or less of the overall units within a year from when they were allotted, there will be no exit load
- If there are redemptions or switch-outs of more than 10% of the overall units within a year from when they were allotted, an exit load of 1% of the applicable NAV will be levied
- If there are redemptions or switch-outs of units after the completion of a year from when they were allotted, there will be no exit load
BNP Paribas Focused 25 Equity FundFund TypeOpen-ended equity schemeEntry LoadN/AExit LoadBenchmarkNifty 100 Index – TRIFund ManagerKarthikraj Lakshmanan and Abhijeet DeyRisk FactorModerately highInvestment Objective of BNP Paribas Focused 25 Equity FundThe investment objective of BNP Paribas Focused 25 Equity Fund is to generate capital appreciation in the long term via investment mainly in a concentrated portfolio comprising equity and equity-related securities of no more than 25 companies. Investments are also made partly in money market and debt instruments.
- Who is BNP Paribas Focused 25 Equity Fund for?BNP Paribas Focused 25 Equity Fund is suitable for investors who want capital growth in the long term via investments mainly in equity and equity-related instruments, and partly in money market and debt securities.
- If there are redemptions or switch-outs of 10% or less of the overall units within a year from when they were allotted, there will be no exit load
- If there are redemptions or switch-outs of more than 10% of the overall units within a year from when they were allotted, an exit load of 1% of the applicable NAV will be levied
- If there are redemptions or switch-outs of units after the completion of a year from when they were allotted, there will be no exit load

Debt Funds Offered by BNP Paribas

The following are the debt funds offered by BNP Paribas:

BNP Paribas Flexi Debt FundFund TypeOpen-ended debt schemeEntry LoadN/AExit LoadBenchmarkCRISIL Composite Bond Fund IndexFund ManagerMayank Prakash and Vikram PamnaniRisk FactorModerateInvestment Objective of BNP Paribas Flexi Debt FundThe investment objective of BNP Paribas Flexi Debt Fund is to generate income via investment in various money market and debt securities of different maturities. It also aims at maximising income while ensuring that the optimum balance between liquidity, safety, and yield are maintained.Who is BNP Paribas Flexi Debt Fund for?BNP Paribas Flexi Debt Fund is suitable for investors who want to make the most of volatile debt markets and get income over an investment horizon ranging from nine months to a year.
- If there are redemptions or switch-outs of units within six months from when they were allotted, an exit load of 0.75% of the applicable NAV will be levied
- If there are redemptions or switch-outs of units after the completion of six months from when they were allotted, there will be no exit load
BNP Paribas Corporate Bond FundFund TypeOpen-ended debt schemeEntry LoadN/AExit LoadBenchmarkCRISIL Composite Bond Fund IndexFund ManagerMayank Prakash and Vikram PamnaniRisk FactorModerateInvestment Objective of BNP Paribas Corporate Bond FundThe investment objective of BNP Paribas Corporate Bond Fund is to generate income along with capital gains via investments in a portfolio that comprises money market and debt securities.Who is BNP Paribas Corporate Bond Fund for?BNP Paribas Corporate Bond Fund is ideal for investors who want to make the most of volatile debt markets and get income over an investment horizon ranging from 12 months to 18 months.
- If there are redemptions or switch-outs of units within a year from when they were allotted, an exit load of 1% of the applicable NAV will be charged
- If there are redemptions or switch-outs of units after the completion of a year but less than two years from when they were allotted, an exit load of 0.50% of the applicable NAV will charged
- If there are redemptions or switch-outs of units after the completion of two years but less than three years from when they were allotted, an exit load of 0.25% of the applicable NAV will charged
- If there are redemptions or switch-outs of units after the completion of three years from when they were allotted, there will be no exit load
BNP Paribas Short Term FundFund TypeOpen-ended debt schemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Short Term Bond Fund IndexFund ManagerMayank Prakash and Vikram PamnaniRisk FactorModerately lowInvestment Objective of BNP Paribas Short Term FundThe investment objective of BNP Paribas Short Term Fund is to generate income commensurate with the prudent risk via investment in a portfolio consisting of various money market and debt securities.Who is BNP Paribas Short Term Fund for?BNP Paribas Short Term Fund is suitable for investors who wish to insulate themselves from the price volatility resulting from interest rate fluctuations in debt markets and get returns in the short term.
BNP Paribas Low Duration FundFund TypeOpen-ended debt schemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerMayank Prakash and Vikram PamnaniRisk FactorLowInvestment Objective of BNP Paribas Low Duration FundThe investment objective of BNP Paribas Low Duration Fund is to generate income commensurate with the prudent risk via investment in a portfolio consisting of money market and debt securities.Who is BNP Paribas Low Duration Fund for?BNP Paribas Low Duration Fund is suitable for risk averse investors who want income in the short to medium term.
BNP Paribas Liquid FundFund TypeOpen-ended debt schemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerMayank Prakash and Vikram PamnaniRisk FactorLowInvestment Objective of BNP Paribas Liquid FundThe investment objective of BNP Paribas Liquid Fund is to generate regular returns commensurate with the overnight rates.Who is BNP Paribas Liquid Fund for?BNP Paribas Liquid Fund is suitable for investors who want to generate returns on a regular basis, commensurate with the overnight rates over the short term.
BNP Paribas Medium Term FundFund TypeOpen-ended debt schemeEntry LoadN/AExit LoadBenchmarkCRISIL Composite Bond Fund IndexFund ManagerMayank Prakash and Vikram PamnaniRisk FactorModerateInvestment Objective of BNP Paribas Medium Term FundThe investment objective of BNP Paribas Medium Term Fund is to optimise returns via investment in a portfolio comprising money market and debt instruments, with the weighted average maturity of the portfolio ranging from three years to seven years.Who is BNP Paribas Medium Term Fund for?BNP Paribas Medium Term Fund is suitable for investors who want regular income over the medium term via investments in a portfolio comprising money market and debt securities.
- If there are redemptions or switch-outs of units before the completion of a year from when they were allotted, an exit load of 1% will be applicable
- If there are redemptions or switch-outs of units after the completion of a year from when they were allotted, there will be no exit load

Hybrid Fund Offered by BNP Paribas

The following are the hybrid funds offered by BNP Paribas:

BNP Paribas Arbitrage FundFund TypeOpen-ended hybrid schemeEntry LoadN/AExit LoadBenchmarkCRISIL Liquid Fund IndexFund ManagerMayank Prakash and Karthikraj LakshmananRisk FactorModerately highInvestment Objective of BNP Paribas Arbitrage FundThe investment objective of BNP Paribas Arbitrage Fund is to generate capital growth as well as income via investment in a diversified portfolio comprising equity and equity-related instruments while using arbitrage opportunities and equity derivative strategies with exposure in fixed income and debt securities.Who is BNP Paribas Arbitrage Fund for?BNP Paribas Arbitrage Fund is ideal for investors who want capital growth via investment in equity and equity-related instruments as well as in money market and debt securities.
- If there are redemptions or switch-outs of units before the completion of a month from when they were allotted, an exit load of 0.25% will be applicable
- If there are redemptions or switch-outs of units after the completion of a month from when they were allotted, there will be no exit load
BNP Paribas Substantial Equity Hybrid FundFund TypeOpen-ended hybrid schemeEntry LoadN/AExit LoadBenchmarkCRISIL Hybrid 35+65 Aggressive IndexFund ManagerMayank Prakash and Karthikraj LakshmananRisk FactorModerately highInvestment Objective of BNP Paribas Substantial Equity Hybrid FundThe investment objective of BNP Paribas Substantial Equity Hybrid Fund is to generate income along with capital growth via investment in a diversified portfolio comprising equity and equity-related instruments as well as fixed income securities.Who is BNP Paribas Substantial Equity Hybrid Fund for?BNP Paribas Substantial Equity Hybrid Fund is suitable for investors who want income and capital growth via investment in equity and equity-related instruments as well as fixed income securities.
- If there are redemptions or switch-outs of units before the completion of a year from when they were allotted, an exit load of 1% will be applicable
- If there are redemptions or switch-outs of units after the completion of a year from when they were allotted, there will be no exit load
BNP Paribas Conservative Hybrid FundFund TypeOpen-ended hybrid schemeEntry LoadN/AExit Load
- If there are redemptions or switch-outs of units before the completion of six months from when they were allotted, an exit load of 1% will be applicable
- If there are redemptions or switch-outs of units after the completion of six months from when they were allotted, there will be no exit load

Documents Required for BNP Paribas Mutual Funds

Here are the documents required for investment in BNP Paribas Mutual Funds:

Application form
KYC documents including a passport-sized photograph
ID proof (either your Passport, Voter’s ID, Driving License, Aadhaar Card, or PAN)
Address proof: (either your Passport, Voter’s ID, Driving License, Aadhaar Card, Ration Card, or utility bills like flat maintenance bill, telephone bill, electricity bill, or gas bill, or bank account statement, insurance copy, registered lease/sale agreement, or bank passbook)
Third party declaration if investment is made on behalf of a minor

How to Invest in BNP Paribas Mutual Funds Online?

Individuals who have never invested in BNP Paribas Mutual Funds online will be required to create a folio after an i-pin has been generated. For this purpose, the individual’s PAN number, email ID, mobile number and bank account number will be required. Once you generate an i-pin, you can create your portfolio and invest online with relative ease.

Why Choose BNP Paribas Mutual Funds?

Apart from the fact that the company boasts a global presence, BNP Paribas follows a highly disciplined investment strategy to generate returns on investments. The company has a good portfolio of equity, debt, and hybrid funds that can make it easy for investors to find their ideal investment options. BNP Paribas Asset Management Company also boasts a prolific investment team with experienced managers whose expertise can make all the difference for investors.

GST rate of 18% applicable for all financial services effective July 1, 2017.

Frequently Asked Questions

Can I make investments in BNP Paribas Mutual Funds if I am a non-resident? Non-residents can make investments in BNP Paribas Mutual Funds, and the details regarding NRI investments can be found in each scheme’s offer document.
What kind of mutual funds can I invest in from BNP Paribas? BNP Paribas Mutual Funds offers three kinds of mutual funds, viz. equity funds, debt funds and hybrid funds.
What are SIPs? SIPs, or systematic investment plans, as they are known in their extended form, are basically options that allow you to invest a certain amount of money at regular intervals of time. SIPs are ideal for investors who do not have a lot of money but are open to investing a small amount every month or so.
What is meant by a switch? A switch, as the term suggests, is the option an investor has to shift his/her investment from one scheme to another.
Do I have to pay anything if I want to switch from one fund to another? A small fee is levied for switches made within a certain period of time. For instance, most funds charge around 1% of the applicable NAV in case a switch is made within a year or so from the date of allotment. There is usually no fee applicable for switches made after a year.
What is meant by entry load? Asset Management Companies tend to add a non-refundable amount to the NAV of the units purchased by an investor while joining a scheme, and this fee is called entry load.
What is meant by exit load? In case an investor makes a switch of units from one scheme to another, or redeems his/her units, a small amount is usually charged when making the transaction, and this amount charged by the Asset Management Company is called exit load.
What is meant by redemption price? The price at which units of open-ended schemes are sold by investors is known as the redemption price, which is basically the same as the NAV. The only scenario in which the NAV can be higher than the redemption price is if the fund charges an exit load.

Courtsey To : Bankbazaar